Vanguard Mining Corp. has announced the results of a comprehensive airborne geophysical survey at its Redonda Copper-Molybdenum Project, located in the Vancouver Mining Division of British Columbia. The survey, conducted by Precision GeoSurveys, covered 637 line kilometers and provides critical insights into the project’s geological potential.
The geophysical data revealed several key observations, including magnetic trends and potassium alteration zones that could indicate promising mineralization areas. Approximately 90% of the 2,746.46-hectare property remains untested, presenting significant exploration opportunities.
Recent drilling at the project previously returned promising results, including 142.6 meters of 0.279% copper and 0.0281% molybdenum. The new survey has identified multiple high-priority targets for future drilling, particularly in areas with distinct potassic alteration and magnetic signatures.
The company has already secured drill permits for up to 10 drill sites along 5.3 kilometers of road within the high-priority zone defined by the airborne results. The survey utilized advanced technology, including an Airbus AS350 helicopter equipped with sophisticated data acquisition systems and magnetic gradient measurement tools.
Notably, the project’s geological setting shares similarities with other significant copper-molybdenum deposits in the region, such as the OKover and Gambier Copper deposits. Preliminary metallurgical test work has shown promising copper recoveries ranging from 94.7% to 96.9% and molybdenum recoveries between 92.2% and 95.6%.
With copper currently trading near $5.00 per pound and gold surpassing $3,000 per ounce, the Redonda project represents a potentially strategic domestic mineral resource. Vanguard is planning to spin out the project into a new entity, tentatively named Blackstone Copper Corp., highlighting its perceived value and potential.
The survey’s comprehensive data collection, including magnetic intensity, radiometric measurements, and geological mapping, provides a robust foundation for future exploration efforts. The identification of potential mineralization zones, particularly around quartz diorite porphyry units and areas of potassic alteration, suggests significant potential for further discovery.
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